A manager has just received a revised price schedule from a vendor. What order quantity should the m
Question: A manager has just received a revised price schedule from a vendor. What order quantity should the manager use in order to minimize total costs? Annual Demand is 120 units, ordering cost is $8, and annual carrying cost is $1 per unit.
Quantity Unit Price
1-39 $14
40-59 13
60-89 12
90+ 11
Price: $2.99
Solution: The solution consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
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